Bulgaria’s Premier Boyko Borissov and the President of the European Commission Ursula von der Leyen have discussed in a phone conversation the Commission’s proposal for the next multiannual financial framework 2021-2027, as well as the Next Generation EU recovery instrument created by the European Commission to help the EU countries repair the economic and social damage brought by the coronavirus pandemic. The Commission’s proposal for Recovery plan for Europe is extremely balanced and is fully supported by Bulgaria, Premier Borissov underlined. Boyko Borissov has informed Ursula von der Leyen on Bulgaria’s progress on its path toward accession to ERM- II and the Banking Union. The prudent fiscal policy of the government is among the achievements Bulgaria can be proud with, Premier Borissov pointed out. In his words, the financial stability and discipline helped Bulgaria face the Covid-19 crisis in good condition and adopt quick health and socio-economic measures in support of the local business and people.
The Ministry of Finance published the 2025 draft budget and the medium-term budget forecast for the 2025-2028 period. The projected deficit for 2025 is up to 6.4 billion BGN (EUR 3.3 billion), which is 3% of GDP. Expenditures will not exceed 40% of..
A commemorative ceremony today in the center of Sofia will mark the 152nd anniversary of the death of Bulgarian national hero Vasil Levski. The solemn ceremony in front of the Monument to the Apostle of Freedom will begin at 6:00 p.m. Citizens will..
On Wednesday, the lowest temperatures will range between minus 8°C and minus 3°C, for Sofia around minus 7°C . During the day, snow showers in the northeastern regions will begin to stop, but in southeastern Bulgaria it will still snow in many places...
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister..
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This..
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